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Machine learning method cuts fraud detection costs by generating accurate labels from imbalanced datasets

Fraud is widespread in the United States and increasingly driven by technology. For example, 93% of credit card fraud now involves remote account access, not physical theft. In 2023, fraud losses ...
Quanta Magazine

What Is Machine Learning?

Machine learning is a subfield of artificial intelligence, which explores how to computationally simulate (or surpass) humanlike intelligence. While some AI techniques (such as expert systems) use ...